Rockwell Automation (NYSE:ROK) Shares Acquired Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Rockwell Automation, Inc. (NYSE:ROK). In a filing disclosed on March 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Rockwell Automation stock on February 25th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 3/7/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/6/2025.
• Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/5/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 3/4/2025.
• Sold $15,001 – $50,000 in shares of Alibaba Group (NYSE:BABA) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Zoom Video Communications (NASDAQ:ZM) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 3/3/2025.
• Purchased $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/3/2025.

Rockwell Automation Price Performance

ROK stock traded down $9.86 during trading on Friday, hitting $258.22. 987,837 shares of the company’s stock traded hands, compared to its average volume of 846,610. Rockwell Automation, Inc. has a 52 week low of $242.81 and a 52 week high of $308.70. The stock has a market capitalization of $29.20 billion, a price-to-earnings ratio of 32.16, a P/E/G ratio of 3.53 and a beta of 1.39. The business has a fifty day simple moving average of $278.93 and a 200 day simple moving average of $278.64. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.72 and a current ratio of 1.08.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Monday, February 10th. The industrial products company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.61 by $0.22. Rockwell Automation had a return on equity of 30.17% and a net margin of 11.38%. As a group, research analysts expect that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 18th were given a $1.31 dividend. This represents a $5.24 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend was Tuesday, February 18th. Rockwell Automation’s dividend payout ratio is presently 65.26%.

Institutional Trading of Rockwell Automation

Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of Rockwell Automation by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 13,876,530 shares of the industrial products company’s stock valued at $3,965,774,000 after acquiring an additional 81,079 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Rockwell Automation by 6.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,115,280 shares of the industrial products company’s stock worth $2,033,476,000 after buying an additional 432,934 shares during the period. State Street Corp grew its holdings in shares of Rockwell Automation by 0.3% during the third quarter. State Street Corp now owns 4,648,137 shares of the industrial products company’s stock valued at $1,247,839,000 after buying an additional 11,949 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Rockwell Automation by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 2,734,430 shares of the industrial products company’s stock valued at $779,426,000 after acquiring an additional 51,228 shares during the period. Finally, Amundi raised its stake in Rockwell Automation by 26.2% in the 4th quarter. Amundi now owns 2,073,594 shares of the industrial products company’s stock worth $580,095,000 after acquiring an additional 430,498 shares during the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Barclays dropped their price objective on shares of Rockwell Automation from $285.00 to $280.00 and set an “equal weight” rating for the company in a research note on Wednesday. JPMorgan Chase & Co. cut their price target on shares of Rockwell Automation from $245.00 to $240.00 and set an “underweight” rating on the stock in a report on Wednesday, January 15th. The Goldman Sachs Group raised their price objective on shares of Rockwell Automation from $257.00 to $290.00 and gave the stock a “sell” rating in a research note on Tuesday, February 11th. Citigroup upped their target price on Rockwell Automation from $345.00 to $350.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Finally, Oppenheimer boosted their target price on shares of Rockwell Automation from $300.00 to $320.00 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $307.42.

Insiders Place Their Bets

In related news, VP Terry L. Riesterer sold 850 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $300.21, for a total transaction of $255,178.50. Following the completion of the transaction, the vice president now directly owns 1,633 shares in the company, valued at $490,242.93. The trade was a 34.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Isaac Woods sold 895 shares of Rockwell Automation stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $274.72, for a total value of $245,874.40. Following the transaction, the vice president now owns 1,198 shares of the company’s stock, valued at $329,114.56. The trade was a 42.76 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,352 shares of company stock valued at $1,246,298. 0.68% of the stock is owned by company insiders.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Rockwell Automation Company Profile

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.